Showing 1 - 10 of 16,197
premature to conclude that 'Too Big to Fail" has been solved, but macro-prudential regulation is now much more effective and …
Persistent link: https://www.econbiz.de/10012022346
This paper explains the nature of interest rates in the U.S. federal funds market after the 2007-09 financial crisis. We build a model of the over-the-counter lending market that incorporates new aspects of the financial system: abundance of liquidity, different regulatory standards for banks,...
Persistent link: https://www.econbiz.de/10013466133
reporting discretion and enforcement deserve careful consideration. In addition, bank regulation through its interlinkage with …
Persistent link: https://www.econbiz.de/10012011324
This paper analyzes troubled banks' use of accounting discretion and its interaction with regulatory intervention in a time of financial distress. We analyze impairment losses that Europe's largest banks recognized on Greek Government Bonds (GGB) during 2011, the time during which GGB were...
Persistent link: https://www.econbiz.de/10012967765
EU politicians pressured the IASB to change the accounting rules for financial assets at the peak of the financial crisis in October 2008. The new rules enabled banks to forgo the recognition of unrealized fair value losses through reclassifications. This paper puts the ensuing regulatory relief...
Persistent link: https://www.econbiz.de/10012906062
in the following years. Ultimately, government interventions in accounting regulation are unlikely to offer a sustainable …
Persistent link: https://www.econbiz.de/10013404878
This paper empirically examines how banks' dividend policy, the institutional environment, and banking regulation … regulation varies for crisis and noncrisis years. The estimation results reveal that banks' dividend policy influences positively … banks' profitability, whereas higher levels of the institutional environment or stricter banking regulation reduces banks …
Persistent link: https://www.econbiz.de/10012839032
I exploit variation in the adoption of disclosure and supervisory regulation across U.S. states to examine their impact … banks. I also examine which political constituencies influence the adoption of disclosure and supervisory regulation. I find …
Persistent link: https://www.econbiz.de/10012921156
Fair value accounting has been argued as one contributing factor to the recent global financial crisis occurred from 2007 to 2008. However, recent empirical studies find no significant evidence for this role of fair value accounting. One reason for this inconsistency comes from the weaknesses of...
Persistent link: https://www.econbiz.de/10013063697
information provided on repos was not too extensive, even though repos ac-counted for approximately 39% of the bank's total assets …, that sufficient and decision-useful information to enable users of financial statements to under-stand the risks arising … derived from these mandatory requirements. Besides these mandatory criteria, some supplementary information was gathered. The …
Persistent link: https://www.econbiz.de/10012436674